Liaison Office Can Do Any Legal Trade: Carrie Lam
"); jQuery("#212 h3").html("

"); });
2018-05-29 HKT 11:39
Chief Executive Carrie Lam said on Tuesday that Beijing's liaison office here can carry out any relevant business it wishes as long as it is legal.
Lam was responding to an RTHK report which confirmed the office has indirect ownership of the local publishing conglomerate, Sino United Publishing Holdings Limited, which runs more than half of the city's bookstores.
When asked whether this arrangement goes against the "One Country, Two Systems principle", Lam said the office could do other work related to its operational objectives, provided it was within the law.
Lam also said one shouldn't interfere with the work of the liaison office.
Binance Pay And TBCASoft Enable QR Payments Across Merchant Networks In Japan
Binance Pay has partnered with TBCASoft to enable QR code payments through the HIVEX Network, starting with a planned r... Read more
OSL Launches AgentPay For AI Agent Stablecoin Payments
OSL Group has launched AgentPay, a stablecoin payment infrastructure designed to enable AI agents to execute autonomous... Read more
The Biggest AI Governance Gap In APAC Lies In Proof And Traceability
AI has outgrown the role of an assistant, now moving money, approving transactions, and carrying out multi-step tasks w... Read more
HSBC Sells Tokyo HQ As It Prepares For 2029 Relocation
HSBC has sold its Tokyo headquarters building to a unit of Mitsubishi HC Capital, according to Bloomberg. The sale come... Read more
Why Multi-Currency Cards Need More Than Card Issuing
Tap a multi-currency card in Tokyo, and the payment looks no different from any other card transaction. Behind the tap,... Read more
China CITIC Bank Names Wang Junwei As CEO
China CITIC Bank International (CNCBI) has appointed Wang Junwei as its Executive Director and Chief Executive Officer,... Read more